Ameritas Advisory Services LLC Increases Stock Position in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL)

Ameritas Advisory Services LLC lifted its stake in SPDR SSgA Global Allocation ETF (NYSEARCA:GAL) by 1.7% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,940 shares of the company’s stock after acquiring an additional 363 shares during the quarter. Ameritas Advisory Services LLC owned 0.40% of SPDR SSgA Global Allocation ETF worth $948,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in GAL. Mesirow Financial Investment Management Inc. bought a new stake in shares of SPDR SSgA Global Allocation ETF during the 1st quarter valued at about $26,238,000. Bright Financial Advisors Inc. bought a new stake in SPDR SSgA Global Allocation ETF during the first quarter valued at approximately $6,957,000. Taylor Financial Group Inc. purchased a new stake in SPDR SSgA Global Allocation ETF during the fourth quarter valued at approximately $1,736,000. Win Advisors Inc. bought a new position in SPDR SSgA Global Allocation ETF in the fourth quarter worth approximately $1,436,000. Finally, First Foundation Advisors boosted its stake in shares of SPDR SSgA Global Allocation ETF by 10.4% during the 1st quarter. First Foundation Advisors now owns 273,835 shares of the company’s stock worth $11,832,000 after acquiring an additional 25,809 shares during the last quarter.

SPDR SSgA Global Allocation ETF Price Performance

Shares of NYSEARCA:GAL traded up $0.01 during midday trading on Thursday, hitting $44.64. The company had a trading volume of 17,279 shares, compared to its average volume of 14,611. SPDR SSgA Global Allocation ETF has a 12-month low of $37.04 and a 12-month high of $44.96. The company has a fifty day moving average of $43.80 and a two-hundred day moving average of $43.17. The company has a market cap of $246.41 million, a price-to-earnings ratio of 15.47 and a beta of 0.69.

About SPDR SSgA Global Allocation ETF

The SPDR SSgA Global Allocation ETF (GAL) is an exchange-traded fund that is based on the MSCI ACWI IMI index. The fund is an actively-managed fund of funds that provides the majority of its returns from capital gains by investing across asset classes. GAL was launched on Apr 25, 2012 and is managed by State Street.